Owlet announces Class A common stock offering, no amount given

Owlet announced it intends to offer and sell its Class A common stock in an underwritten public offering. All of the shares in the proposed offering are to be sold by the company. Owlet intends to use the net proceeds from the proposed public offering for general corporate purposes, capital expenditures, working capital and general and administrative expenses. Titan Partners Group, a division of American Capital Partners, is acting as the sole bookrunner for the offering.